iSIGN Media Provides an Update on the Delay in the Filing of Annual Financial Statements and Related Documents

September 23, 2016 (Source) — iSIGN Media Solutions Inc. (“iSIGN” or “Company”) (TSX-V: ISD) (OTC: ISDSF), a leading provider of interactive mobile advertising solutions that serves brands, commercial locations, retailers and service providers throughout North America today provides the bi-weekly update to its previous announcement on the late filing of its annual audited financial statements, management discussion and analysis and related CEO and CFO certificates, collectively the “Required Documents”).

The Company confirms that payment of all monies owed to its auditors has been made. In addition, the Company prepared working papers and draft financials have been forwarded to our auditors.

The Company will be filing the Required Documents by no later than October 31, 2016.

Until the Required Documents are filed, the Company intends to provide information in accordance with National Policy 12-203 – Management Cease Trade Orders, including the issuance of bi-weekly default status reports.

The Company will be providing an update on forthcoming revenues from current key clients by the end of September.

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Forward-Looking StatementsThis news release may include certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with iSIGN Media’s business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend” and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect iSIGN Media’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. iSIGN Media assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.